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Solana price is flashing signs of near-term weakness as long-term holders trim exposure and big money inflows remain muted. While short-term gains kept it steady this week, a near 3% dip could test key support near $192, where failure to hold might open the way for deeper losses.
A Bold Plan for Economic Growth Through Civic Real-World Tokenization with Projects Like Tokenize the Border™ The independent political organization Innovate NY PAC reiterated its support for Andrew Cuomo for Mayor of New York City, emphasizing his leadership and commitment to making New York the global capital of technology, crypto innovation, and economic opportunity. In
U.S. President Trump has approved the demolition of the White House East Wing to build a large banquet hall funded by private donors, including Trump himself and several companies from the technology, defense, and crypto industries. This move has sparked controversy and criticism for allegedly using power to raise funds. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
The Federal Reserve has cut interest rates by another 25 basis points and announced the end of quantitative tightening in December. During the press conference, Powell emphasized the necessity of "slowing the pace of rate cuts," prompting the market to quickly adjust its expectations and causing risk assets to decline across the board.
Bitcoin’s decline under $110,000 highlights weakening investor conviction and renewed selling from long-term holders, with bulls needing to reclaim $115,000 to restore market momentum.
This amount is nearly twice the maximum SPAC Fairshake invested in 2024, and slightly exceeds the total spending of the entire oil and gas industry in the previous election cycle.
- 23:47A whale sold 32,195 SOL held for 10 months yesterday, incurring a loss of $2.04 million.According to ChainCatcher, monitored by Lookonchain, whale GJwCUj sold 32,195 SOL worth $4.18 million. These SOL were purchased and staked by him 10 months ago—this sale resulted in a loss of $2.04 million for him. Two years ago, this whale bought 400,000 SOL at an average price of $89, worth $35.7 million, and staked them. He then sold them within less than two months at a price of $108, making a profit of $8.15 million. After his sale, SOL continued to surge—if he had held until the peak, his profit could have exceeded $82 million.
- 22:23The address that liquidated its ZEC long position yesterday with a loss of $846,000 has now opened a $2.66 million short position.Foresight News reported, according to monitoring by Lookonchain, the address starting with 0x152e closed its ZEC long position yesterday with a loss of $846,000. As the price of ZEC rebounded, this address shorted 4,574.87 ZEC with 5x leverage in the past 40 minutes, worth approximately $2.66 million. At the same time, the address also went long on 367.36 BTC with 20x leverage, worth about $31.63 million.
- 22:23Port3: The full details of the hacking incident have been clarified, and follow-up measures will be announced as soon as possible.Foresight News reported that the AI intelligent agent Port3 Network stated that the full details of the hacking incident have now been clarified, and a follow-up plan is being formulated. The next steps will be announced as soon as possible. According to previous Foresight News reports, Port3 was exploited by a hacker this morning, who minted an additional 1 billion PORT3 tokens through a vulnerability. After the project team withdrew liquidity, the hacker destroyed approximately 830 million PORT3 tokens worth about $6.88 million.